Shanghai Citi has been named the Best International Trade Bank in China by Trade Finance Magazine. As part of Trade Finance's 2010 Awards for Excellence, Citi’s overall leadership position in Global Transaction Services in Asia was once again recognized by the publication as the Best Overall Trade Bank in Asia, for the sixth consecutive year.
Alan Lin, Managing Director, Head of Global Transaction Services, Citi China, said: "I am delighted to see that our strategy and effort in assisting our clients with best-in-class services and product solutions through the challenging market conditions are well received and recognized. We are committed and will continue to provide our clients with value-added and unmatched benefits through our worldwide presence, regional and local expertise together with our innovation capability.
Citi also bagged six other country Best International Trade Bank awards, in India, Vietnam, Pakistan, Sri Lanka, Bangladesh, and Hong Kong. In the global categories, Citi retained the top spot for Best FI Trade Servicing Bank for the fourth year in a row.
This poll sponsored by Trade Finance magazine has become an industry standard by which financial institutions are evaluated for their level of expertise and service provided to their clients. Corporate and Financial Institution clients and those with specialized sector expertise cast 13,000 votes across all regions and categories in this 2010 competition via online voting on Trade Finance’s Web site.
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